2:45 AM ET
ESPN News Services
The deal, which was first reported Sunday as close by Boston radio station WEEI, includes the $12 million the 26-year-old Bogaerts was scheduled to make this season, then $120 million over the final six years.
The deal, according to sources, will include an opt-out clause that Bogaerts can exercise following the 2022 season, when he will be 30 years old.
There also is a team vesting option for 2026, worth another $20 million, the sources said.
Bogaerts hit .288 last year and set career bests with 23 homers and 103 RBIs while helping the Red Sox win a franchise-record 108 games in the regular season and a World Series championship. The native of Aruba finished 13th in American League MVP voting.
Bogaerts has played all six-plus of his major league seasons with the Red Sox after making his major league debut in 2013. He has 75 career home runs, 834 hits and 387 RBIs and has appeared in the postseason four times.
It’s the second time in eight days